the liquidation of government debt empirical estimates
Tài liệu The Liquidation of Government Debt ppt
Ngày tải lên :
17/02/2014, 03:20
... portfolio of government debt at the beginning of the period, which is defined as either the beginning of the calendar year or the fiscal year, depending on how the debt data is reported by the particular ... detailed in the data appendix The weights in this hypothetical portfolio are given by the actual shares of each component of debt in the total domestic debt of the government 20 actual shares of debts ... 21 V Benchmark basic estimates of the liquidation effect” 20 The role of inflation and currency depreciation 22 The Liquidation of Government Debt: Empirical Estimates 22 VI...
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Bonds or Loans? On the Choice of International Debt Instrument by Emerging Market Borrowers pdf
Ngày tải lên :
15/03/2014, 07:20
... a theory of the firm’s choice of debt instrument from the corporate finance literature to the case of emerging market debt The model suggests that the choice of debt instrument is a function of ... the possibilities of monitoring and of loan cancellation.6 The cost of debt is endogenous and depends on the distribution of borrowers’ types I extend the model to introduce the possibility of ... not the case in practice Empirically determining the time pattern of the effects of the past default is a subject of my future research 16 Possibility of re–contracting If the payoff from the risky...
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Master Thesis in Economics “An analysis of the effectiveness of government R&D policies on business R&D expenditure” doc
Ngày tải lên :
31/03/2014, 03:20
... enthusiasm on the analysis of the efficiency of those R&D policies, but the validity of government intervention still received considerable controversy Thereby, the purpose of this thesis is tried ... analysis The remaining part of this thesis is structured as follows: The next section will provide the theoretical background, and section reviews the empirical literature of the effectiveness of R&D ... those using the index Thus other transformations of the B-index have evolved that help to better understand the nature of the index Among them is a tax-subsidy ratio (i.e the value of the B-index...
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THE ROLE OF GOVERNMENT IN ECONOMIC DEVELOPMENT potx
Ngày tải lên :
31/03/2014, 05:21
... products is the prescription of choice Acts to promote the spread of markets and the rule of market incentives would improve the efficiency of the economy Such acts would, in and of themselves, ... Naturally, then as now, the nature of the impact of governments on the economy and society depended on whose interests the government represented In the follower Europe, it was only when the control ... that the primary function of government consists of the promotion of industrialization while raising the productivity of agriculture The performance of this function entails an activist government...
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Báo cáo y học: "Assessing the diagnostic accuracy of the identification of hyperkinetic disorders following the introduction of government guidelines in England" pdf
Ngày tải lên :
13/08/2014, 18:21
... referral letter Thus, in one team the SDQ informed all diagnoses made in the team, but in the other two the SDQ only informed the diagnoses of cases already suspected of having ADHD Between October ... represents only 6% of the sample, and estimates by parental questionnaires such as the SDQ are known to approximately double the true number of cases in the clinic setting [10,25] The available margin ... assessment had been completed; the case was currently open to the team; and there was recorded evidence of activity in the case-file in the preceding 12 months The child (0–16) community population...
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How does the philosophy of Government affect public policy?
Ngày tải lên :
28/06/2015, 19:00
... opposition of the people with that policy decides the existence of the policy, even the existence of the Government (the coup in Thailand occurred due to military discontent with the Government s ... because of the nature of the democratic government' s philosophy is to build government of the people, by the people and for the people Public policies is an important management tool of the State ... policy) like the concept of European and American scholars; public also means the State, the Government From the definitions of Government and public policy, we can see that the Government or the philosophy...
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How does the philosophy of Government affect public policy?
Ngày tải lên :
28/06/2015, 19:03
... opposition of the people with that policy decides the existence of the policy, even the existence of the Government (the coup in Thailand occurred due to military discontent with the Government s ... because of the nature of the democratic government' s philosophy is to build government of the people, by the people and for the people Public policies is an important management tool of the State ... policy) like the concept of European and American scholars; public also means the State, the Government From the definitions of Government and public policy, we can see that the Government or the philosophy...
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summary of doctoral thesis in economics the roles of government in social sercurity for farmer in vietnam
Ngày tải lên :
25/12/2015, 17:21
... OVERVIEW OF RESEARCH ON the roles of the Government in social welfare FOR FARMERS: 1.1.1 The contexts of research in overseas: In an overview of the research in the world, the thesis refers to the ... solutions to strengthen the role of the Government in social welfare for farmers in Vietnam in next years 2.2 Specific Objectives: - To clarify the theories of the role of the Government on social ... farmers 2.2.1.2 The importance of the role of the Government in social welfare for farmers Firstly, to help the Government to prevent risks and keep the lives of farmers – one of the most vulnerable...
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The imPact of high and groWing government debt on economic groWth an emPirical inveStigation for the euro area docx
Ngày tải lên :
23/03/2014, 20:20
... Note: The variable gov _debt is instrumented for each country through either its time lags (up to the 5th lag; L(1/5).gov debt) or through the average of the debt levels of the other countries in the ... (2007).14 We instrument the debt variable for each country through either its time lags (up to the 5th lag) or through the average of the debt levels of the other countries in the sample Both instruments ... over the period of the analysis, as well as for economic and monetary regime changes, such as the creation of the monetary union and the introduction of the euro A list of the variables used in the...
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The Volatility of Capital Flows in South Africa: Some Empirical Observations
Ngày tải lên :
24/10/2012, 09:11
... (and thereby generating the expectation of a strengthening of the rand) or by raising interest rates Under either of these options, it would probably be both difficult and undesirable for the ... (NOFP), which is a measure of its short-term foreign currency exposure, has been reduced by nearly two-thirds since the currency crisis of 1998 Nevertheless, the NOFP and other indicators of ... significantly as the maturity of the debt increases.9 The benefit of external borrowing to reduce the NOFP stems primarily from an improvement in the maturity structure of South Africa’s total foreign...
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ON THE DETERMINANTS OF CAPITAL STRUCTURE: AN EMPIRICAL STUDY OF VIETNAMESE LISTED FIRMS
Ngày tải lên :
09/09/2013, 23:46
... will be the trade-off theory, the agency cost theory and the pecking-order theory 2.2.1 THE TRADE-OFF THEORY The trade-off theory explains firms’ choice of leverage by a trade-off between the benefits ... short, the purposes of the research are: (1) An overview of the theory of capital structure in order to see the importance of an optimal capital structure, the rationale for the development of the ... clearly the impact of the economy the capital structure of the business Although the value of the book or market value of the overall capital structure of Vietnam enterprises have long-term debt...
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ON THE DETERMINANTS OF CAPITAL STRUCTURE: AN EMPIRICAL STUDY OF VIETNAMESE LISTED FIRMS
Ngày tải lên :
09/09/2013, 23:50
... other tier of the company, the management team is directly responsible for the day-to-day operations (and profitability) of the company * Chief Executive Officer (CEO) – As the top manager, the ... to maintain the smooth operation of the firm, with the assistance of senior management Often, the CEO will also be designated as the company's president and therefore also be one of the inside ... was accepted The means of results in table told that the more proportion number of women on boardroom, the higher profit of bank The higher proportion number of women on the board, the larger bank...
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Tài liệu Impact of Government Policies and Investment Agreements on FDI Inflows to Developing Countries: An Empirical Evidence doc
Ngày tải lên :
17/12/2013, 05:15
... since they are hard to isolate from other factors, “often because they are more implicit than explicit” Another of the difficulties in empirically examining the impact of these policies is the ... is on the selective policies and the international policies of the government after controlling for the economic fundamentals of the economy The model formulated for this purpose estimates the ... fundamentals of the host economy and therefore governments of the developing countries have a far greater role to play Along with the policies that improve the fundamentals of the economy they also...
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Re-inventing budgeting: the impact of third way modernisation on local government budgeting
Ngày tải lên :
08/02/2014, 17:45
... budgeting: the impact of third way modernisation on local government budgeting The project had five main objectives: To ascertain the forms of budgeting employed by the authorities prior to the reforms ... assess the impact of public/private partnerships on the practice of budgeting To examine the impact of cross-service programmes on budgeting practice To compare the two authorities and examine the ... on local expenditure With the New Labour government (influenced by the concepts of the third way), the emphasis seemed to be much more on reforming local government rather than constraining it...
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Tài liệu New Estimates on the Effect of Parental Separation on Child Health ppt
Ngày tải lên :
12/02/2014, 11:20
... are of other race, mother is white (not father), mother is Hispanic (not father), mother is of other race (not father), mother is foreign-born (not father), father is foreign-born (not mother), ... to the intersection of the supports of the propensity score of treated and controls Imposing the common support condition in the estimation of the propensity score may improve the quality of the ... parents are of “other” race/ethnicity - Mother = white, Father = non-white - Mother = black, Father = non-black - Mother = Hispanic, Father = non-Hispanic - Mother = other, Father = other Parents’...
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Tài liệu WHAT IS PROPERTY? AN INQUIRY INTO THE PRINCIPLE OF RIGHT AND OF GOVERNMENT pptx
Ngày tải lên :
15/02/2014, 09:20
... deposited with the first in the office of the Secretary of the Assembly, the guardian and guarantee, according to the constitution of 1852, of the principles of '89 On the 2d of June, the two processes ... him on the 6th of June, 1849, in the Rue du Faubourg-Poissonniere Taken to the office of the prefect of police, then to Sainte-Pelagie, he was in the Conciergerie on the day of the 13th of June, ... Man and the Animals % Of the First and Second Degrees of Sociability % Of the Third Degree of Sociability PART I % Of the Causes of our Mistakes The Origin of Property % Characteristics of Communism...
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Tài liệu The New Face oF GoverNmeNT: How Public Managers Are Forging a New Approach to Governance pdf
Ngày tải lên :
15/02/2014, 20:20
... services they want, when and where they want them On the one hand, they hear talk about the “bloated bureaucracy”; on the other, they are told they must hire more people to replace the thousands of government ... other changes are being made in the nature of the work processes used by the men and women we entrust to deliver the government services we desire Some of these efforts to change the face of government ... being brought to the critical need to change the way governments deliver the services expected of them An example of this recognition is the warning by the comptroller general of the United States,...
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Tài liệu Federal Credit Supplement Budget of the U.S. Government Fiscal Year 2013 doc
Ngày tải lên :
16/02/2014, 03:20
... methodology consistent with other programs Data reflect notional estimates Estimates will be determined at the time of execution, and will reflect the terms of the contracts and other characteristics ... of disbursements Nominal recoveries as a percentage of lifetime defaults Data reflect notional estimates Estimates will be determined at the time of execution, and will reflect the terms of the ... methodology consistent with other programs Data reflect notional estimates Estimates will be determined at the time of execution, and will reflect the terms of the contracts and other characteristics...
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